Forex blogs - Currency Thoughts

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Reserve Bank of Australia Didn?t Sanction a Third Interest Rate Cut


"Most analysts had assumed a third Officials Cash Rate cut this month, and they were instead faked out.  In a statement from Governor Glenn Stevens, the present 4.25% official cash rate level (OCR..."

Tidsstämpel: 2012-02-07 16:45
Taggar: rate

Persistent Worry about Greece and Other Peripherals


"Greek Prime Minister Papademos is to hold more meetings with the main political factions today, as a deal on austerity remains elusive.  Concern is also mounting that Portugal may default, too. F..."

Tidsstämpel: 2012-02-07 14:37
Taggar: finance

Greece: Deal or No Deal?


"A new week began Greek politicians still balking at the lending troika’s insistence on further austerity.  Time is running out to get a deal. Stock market declines as of 18:00 GMT against t..."

Tidsstämpel: 2012-02-06 20:45
Taggar: market

Next Week


"The weekend of February 4-5 marks the astronomical midpoint of winter in the northern hemisphere.  Despite unseasonably mild temperatures in the populated areas of Europe and North America, WTI c..."

Tidsstämpel: 2012-02-04 02:14
Taggar: bank, oil, point

Surprises for Currency Traders to Consider


"2012 hasn’t played out quite as expected.  First, the euro debt crisis has been less intense than in late 2011 in response to s big infusion of three-year liquidity into the banking system..."

Tidsstämpel: 2012-02-03 23:52
Taggar: bank

PMI Comparisons: Significant U.S. Versus Euroland Advantage Maintained


"The differential between the U.S. and euro zone purchasing manager service-sector indices widened by 1.4 points last month, more than offsetting an 0.9-point narrowing of the advantage in manufacturin..."

Tidsstämpel: 2012-02-03 18:07
Taggar: point, spread

Guarded Optimism After European Service PMI Releases and Ahead of U.S. Labor Report


"The dollar is mostly marking time, with gains of 0.3% against the kiwi, 0.2% versus the Aussie dollar and 0.1% relative to the loonie, no change against the yen and yuan, and dips of 0.1% against the..."

Tidsstämpel: 2012-02-03 14:42
Taggar: aussie, aussie dollar, dollar, kiwi, loonie, share

Romney D Finally Getting Respect


"With a landslide primary victory in Florida, which along with New York is tied with the third most electoral college votes (29 each) in the nation, Mitt Romney is finally getting the due respect he ne..."

Tidsstämpel: 2012-02-02 23:10
Taggar: Inga taggar

Czech National Bank Policy Still on Hold


"The two-week repo rate has been pinned at 0.75% since a 25-basis point cut twenty months ago culminated an eight-move easing that also included 150 bps of cuts in 2008 and 125 bps of cuts in 2009...."

Tidsstämpel: 2012-02-02 17:30
Taggar: point, rate

National Bank of Romania Implements Another Rate Reduction


"Romanian monetary authorities implemented a twelfth interest rate cut as a majority of forecasters expected, reducing the main policy rate by 25 basis points to a cyclical low for the move of 5.5%...."

Tidsstämpel: 2012-02-02 17:15
Taggar: point, rate

Quiet Start to Groundhog?s Day ? Eye on Bernanke


"The dollar shows minimal overnight movement.  It’s up 0.2% and 0.1% against the Swiss franc and euro but down 0.1% relative to the yen, loonie, Aussie dollar, kiwi and yuan.  Sterling..."

Tidsstämpel: 2012-02-02 14:39
Taggar: aussie, aussie dollar, dollar, kiwi, loonie, market

U.S. Minus Euroland Manufacturing PMI Spread Narrowed in January


"The U.S. purchasing managers index rose a full point to 54.1 last month, connoting a relative robust rate of expansion.  Meanwhile, the euro zone’s PMI improved twice as fast from a Decembe..."

Tidsstämpel: 2012-02-01 23:02
Taggar: point, rate

Better-than-Expected PMI Scores in Most Cases


"Investors started February in a good mood, bidding up stocks and commodities.  The catalysts for this guarded optimism were Most manufacturing purchasing manager indices suggested that European r..."

Tidsstämpel: 2012-02-01 15:02
Taggar: Inga taggar

Some Downbeat North American Data


"Canadian real GDP edged 0.1% lower in November.  This compares adversely with analyst forecasts of a 0.2-0.3% increase and left output in November only 0.7% above that in August expressed at an a..."

Tidsstämpel: 2012-01-31 18:36
Taggar: rate

Month-end Data Deluge and Better Market Tone


"Riskier assets were better bid on the final day of January. Stocks are mostly higher.  The dollar is down.  Commodities and bond yields rose. The dollar has fallen 1.2% against the kiwi, 0.7..."

Tidsstämpel: 2012-01-31 15:12
Taggar: aussie, aussie dollar, dollar, kiwi, loonie

Unchanged Monetary Policy in Malaysia


"It’s been already 8 months since the last of four Malaysian post-Great Recession interest rate hikes.  The Monetary Policy Committee at Bank Negara Malaysia again left its overnight policy..."

Tidsstämpel: 2012-01-31 00:54
Taggar: bank, rate

January in Figures


"January saw gold prices soar more than 11% and the dollar fall across the Board.  Oil prices hovered around both sides of $100 per barrel and both opened and closed below that barrier. Great Brit..."

Tidsstämpel: 2012-01-31 00:33
Taggar: dollar, gold, oil, share

An Eighth Interest Rate Hike for Colombia


"Analysts were not expecting another monetary tightening until next month, but the 7-person Monetary Board of the Central Bank of Colombia just announced a 25-basis point increase of its overnight benc..."

Tidsstämpel: 2012-01-30 23:29
Taggar: bank, point, rate

Markets in an Unsettled State of Mind


"Two developments have not happened that were presumed likely by this point, and the appetite for risk has fallen.  EU leaders are meeting in Brussels with the intent of hammering out details for..."

Tidsstämpel: 2012-01-30 14:29
Taggar: point

Significant and Two-Sided Currency Market Risk


"Since the start of the financial crisis in 2007, analysts have hedged forecasts of growth and inflation with the caveat that extraordinarily high uncertainty creates the potential for outcomes both we..."

Tidsstämpel: 2012-01-27 21:00
Taggar: currency, currency pair, financial, inflation